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BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
Shear line damages P172-M worth of agri products, infra in Davao region
DAVAO CITY (MindaNews / 23 January) – The recent heavy rains brought by the shear line destroyed at least P172 million worth of agricultural products and infrastructure in the Davao region. Data from the Department of Agriculture – Davao region (DA-Davao) said the initial damage to palay, corn and other high-value crops reached P145.3 million. […].....»»
US Launches Follow-Up Strike on Houthi Radar Site
WASHINGTON - The United States launched a follow-up strike against a Houthi target in Yemen early Saturday, after officials said they were not satisfied with the damage inflicted during the initial round of airstrikes late Thursday.U.S. Central Command said it launched the additional strike from the USS Carney, a guided missile destroyer, firing multiple Tomahawk Land Attack Missiles to take out a radar site tha.....»»
US Launches Follow-Up Strike on Houthi Radar Site
WASHINGTON - The United States launched a follow-up strike against a Houthi target in Yemen early Saturday, after officials said they were not satisfied with the damage inflicted during the initial round of airstrikes late Thursday.U.S. Central Command said it launched the additional strike from the USS Carney, a guided missile destroyer, firing multiple Tomahawk Land Attack Missiles to take out a radar site tha.....»»
Philippines Prez, Venezuela govt congratulate PM Modi for 'historic' victory
New Delhi [India], June 6 (ANI): Philippines President Bongbong Marcos and the Venezuelan government on Thursday extended their warmest congratulations to Prime Minister Narendra Modi for securing a fresh mandate from the Indian electorate. President Marcos commended India as a sincere friend to the Philippines and expressed anticipation for the further strengthening of bilateral and regional partnerships in the years ahe.....»»
Philippines Prez, Venezuela govt congratulate PM Modi for 'historic' victory
New Delhi [India], June 6 (ANI): Philippines President Bongbong Marcos and the Venezuelan government on Thursday extended their warmest congratulations to Prime Minister Narendra Modi for securing a fresh mandate from the Indian electorate. President Marcos commended India as a sincere friend to the Philippines and expressed anticipation for the further strengthening of bilateral and regional partnerships in the years ahe.....»»
Boy Abunda ventures into songwriting in first LGBT-themed OPM album
This Pride Month, Boy Abunda is set to release the first LGBT-themed OPM album titled, “Say It Clear Say It Loud.” Produced in partnership with Star Music, the six-track extended play (EP) project will also mark the King of Talk’s surprising venture into songwriting......»»
Quezon Province, Pampanga score
Quezon Province took the solo lead after a 73-62 win over Negros while Pampanga extended its hot streak with a 109-68 rout of Sarangani in the MPBL Sixth Season last Saturday at the Bren Z. Guiao Convention Center in San Fernando, Pampanga......»»
DCWD: Store water ahead of heavy rains
THE Davao City Water District (DCWD) has advised Dabawenyos, particularly those reliant on bulk water supply, to store water in preparation for extended heavy rains expected from June 2 to 6, 2024......»»
Greedy kami : Lady Blazers seek more NCAA volleyball glory
“We want more.” College of St. Benilde Jerry Yee gave this declaration Sunday, or just moments after his Lady Blazers extended their dynastic reign with an 11-game sweep of NCAA Season 99 women’s volleyball......»»
Three-peat for Lady Blazers, four-peat for Altas
College of St. Benilde and University of Perpetual Help have extended their NCAA dynastic reigns for another year......»»
Parts shortage continues to impact local airlines
Filipino carriers Philippine Airlines and Cebu Pacific grounded almost 20 aircraft in the first five months of the year, feeling the pain of an extended engine and supply chain problem that started in 2023......»»
Zsa Zsa Padilla marks birthday as Reyna Emperatriz, Karylle is Reyna Elena at grand Santacruzan
Straight from her birthday performance in Sunday variety show “ASAP,” Zsa Zsa Padilla extended her birthday celebrations as Reyna Emperatriz in a grand Santacruzan procession in Intramuros, Manila last Sunday......»»
Agriculture loans surge to P3.2 trillion
Loans extended by banks to the agriculture sector significantly rose to P3.2 trillion as of June 2023 from the P848 million agri-agra credit allocated in the same period in 2022, the Bangko Sentral ng Pilipinas said......»»
EDITORIAL — Incorrigible
The Supreme Court decision in June 2023 on the repeated postponement of the barangay and Sangguniang Kabataan elections or BSKE, which effectively extended the terms of village and youth council officials, was peppered with the word “unconstitutional.”.....»»
Green Archers pummel Blue Eagles in PinoyLiga cagefest
La Salle extended its unbeaten run to three matches in Bracket A as it overpowered defending champion Ateneo in the Rivalry Day of the PinoyLiga Collegiate Challenge Cup, 95-67, over the weekend at the Enderun Colleges Gym......»»
Asian U-22 and Youth Boxing Championships 2024: India s Akash, Vishvanath, Nikhil, Preet storm into finals
Astana [Kazakhstan], May 4 (ANI): Four Indian boxers Akash Gorkha, Vishvanath Suresh, Nikhil and Preet Malik advanced into the U-22 men's finals at the ASBC Asian U-22 and Youth Boxing Championships 2024 in Astana, Kazakhstan on Saturday. Senior national champion Akash extended his dominating run in the 60kg category with a 5-0 win over Ilyasov Sayat of Uzbekistan in the semi-finals. Reigning youth world champion Vishvana.....»»
Balik-Tanaw | Abiding in God’s love
Today’s Gospel reading is taken from an extended narrative, a farewell discourse by Jesus before His arrest (John 13-17). And thanks to the Gospel writer (s) for including this poignant and comprehensive account of the last hours of our Lord before leaving the then-frightened disciples of His. The post Balik-Tanaw | Abiding in God’s love appeared first on Bulatlat......»»
Rice Vanguards harvest win No. 3
Nueva Ecija extended its winning run while Pampanga sustained its recovery in the MPBL (Maharlika Pilipinas Basketball League) Sixth Season last Thursday at the Bren Z. Guiao Convention Center in San Fernando, Pampanga......»»
Biñan drubs Imus for 3rd straight win
Biñan extended its winning run in the MPBL Sixth Season with an 84-67 trouncing of Imus Agimat VA Drones on Wednesday at the Batangas City Coliseum......»»